---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-108341"
form_type: "8-K"
ticker: null
cik: "0000054480"
company_name: "KANSAS CITY SOUTHERN"
filed_at: "2023-04-20T23:59:59+00:00"
generated_at: "2026-06-16T22:57:27.442033+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CPKC completes acquisition of Kansas City Southern; debt exchange cancels ~$3.0B in notes

## Summary
- On April 14, 2023, CPKC obtained control of Kansas City Southern after STB approval and termination of voting trust.
- CPRC exchanged over 90% of each of seven series of KCS notes for new CPRC notes guaranteed by CPKC.
- Only $83.6M aggregate principal of old KCS notes remain outstanding after the exchange and cancellation.
- Thirteenth Supplemental Indenture amended indentures to eliminate restrictive covenants and reporting requirements for remaining notes.

## SEC filing metadata
- accession: 0001193125-23-108341
- form_type: 8-K
- cik: 0000054480
- company_name: KANSAS CITY SOUTHERN
- filed_at: 2023-04-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/54480/000119312523108341/0001193125-23-108341-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/54480/000119312523108341/d500765d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-108341
- JSON: https://secwatch.observer/filing/0001193125-23-108341.json
- Plain text: https://secwatch.observer/filing/0001193125-23-108341.txt

## Key facts
- M&A Transactions
  KANSAS CITY SOUTHERN underwent a change of control involving Canadian Pacific Kansas City Limited (formerly Canadian Pacific Railway Limited, referred to herein as CPKC) (closed 2023-04-14).
  - Action: change of control
  - Counterparty: Canadian Pacific Kansas City Limited (formerly Canadian Pacific Railway Limited, referred to herein as CPKC)
  - Closing: 2023-04-14
  source text: Upon the occurrence of the Control Acquisition on the Control Date, a change in control of Kansas City Southern occurred and CPKC obtained control of Kansas City Southern.
  evidence_url: https://www.sec.gov/Archives/edgar/data/54480/000119312523108341/0001193125-23-108341-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.